NEWS

Venizelos and Papandreou meet to discuss PASOK’s finances

PASOK leader Evangelos Venizelos met with his predecessor and former Prime Minister George Papandreou on Tuesday in the wake of reports about accountants discovering a hole in the party’s finances.

Sources said the two men discussed PASOK’s financial problems as well as other issues such as the probe into the Lagarde list of depositors.

There were no statements after the meeting.

Daily newspaper Efimerida ton Syntakton reported on Friday that PASOK leader Evangelos Venizelos had appointed five accounting firms (Grant Thornton, Ernst & Young, KPMG, Deloitte & Touche and PWC Greece) to audit the party, whose debt stands at 114 million euros.

The newspaper alleged that their report would show that millions had been spent between 2007 and 2010, when Papandreou headed the party, without proper records being kept.

PASOK borrowed 116.5 million euros between 2003 and 2011, while its state funding steadily decreased.